Omnicom Group Inc (OMC)
Working capital turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 15,689,100 | 15,427,800 | 15,123,300 | 14,879,400 | 14,692,200 | 14,499,500 | 14,364,800 | 14,322,100 | 14,289,100 | 14,276,700 | 14,268,300 | 14,272,700 | 14,289,300 | 14,190,500 | 13,962,000 | 13,191,100 | 13,171,100 | 13,555,300 | 13,972,600 | 14,891,700 |
| Total current assets | US$ in thousands | 16,223,000 | 15,109,500 | 13,972,400 | 13,866,300 | 15,384,200 | 12,564,700 | 12,812,400 | 12,895,200 | 14,613,000 | 12,030,100 | 12,496,400 | 13,397,500 | 15,909,500 | 13,763,000 | 13,658,000 | 13,732,100 | 15,590,100 | 11,862,400 | 10,893,100 | 11,850,100 |
| Total current liabilities | US$ in thousands | 16,300,300 | 15,365,700 | 14,957,100 | 14,953,800 | 16,246,000 | 13,019,000 | 13,301,200 | 13,465,100 | 15,052,800 | 12,705,400 | 13,213,700 | 14,177,200 | 16,226,200 | 13,825,200 | 13,701,600 | 13,471,900 | 15,525,100 | 12,163,800 | 11,330,900 | 12,857,000 |
| Working capital turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 50.70 | 202.63 | — | — | — |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $15,689,100K ÷ ($16,223,000K – $16,300,300K)
= —
Omnicom Group Inc's working capital turnover ratio provides insight into how efficiently the company is managing its working capital to generate sales. Looking at the available data, we can see that the working capital turnover ratio was not calculable for the periods ending March 31, June 30, and September 30, 2020.
From December 31, 2020, to March 31, 2021, the working capital turnover ratio was 202.63, indicating that the company effectively used its working capital to generate sales during that period. However, the ratio dropped significantly to 50.70 for the quarter ending March 31, 2021, suggesting a potential decrease in efficiency in utilizing working capital for revenue generation.
Subsequently, the data shows that the working capital turnover ratio was not available for the remaining quarters up to December 31, 2024. This lack of data makes it challenging to assess the trend and performance of Omnicom Group Inc in managing its working capital turnover over the following periods.
In conclusion, while the company exhibited strong working capital turnover in the past, the lack of recent data limits a comprehensive analysis of its current performance in this aspect. It would be crucial for stakeholders to monitor future disclosures to understand how Omnicom Group Inc continues to manage its working capital efficiency.
Peer comparison
Dec 31, 2024